Former Chanel CEO named to Credo Board
THE WHAT? Credo has introduced the appointment of Maureen Chiquet as an Unbiased Director of its Board. Chiquet will change into the fifth girl to hitch the clear magnificence model’s Board, shifting the composition to 70 p.c feminine management.
THE DETAILS Chiquet’s CV lists a number of excessive profile positions over a 30-year profession in trend and wonder, amongst them CEO of Chanel, COO of Chanel in addition to roles at L’Oréal, Hole and Banana Republic.
THE WHY? CEO of Credo, Daybreak Dobras, explains, “The clear magnificence trade is being pushed by girls–over 90% of our model companions are based or led by girls–so we’re thrilled so as to add Maureen to our Board, as we see super worth in our management representing nearly all of our model creators and buyer base. Our mission has at all times remained the identical, to be the trade’s change-maker and supply higher entry to wash, protected merchandise which might be higher for folks and the setting, and by including Maureen’s experience, I do know we will help our mission even additional.”